Crypto Payments Firm Mesh Reaches $1B Valuation After $75M Raise

[mendez]

Crypto payments infrastructure company Mesh has raised $75 million in a Series C funding round led by Dragonfly Capital, pushing its valuation to $1 billion and bringing total funding to more than $200 million.

The round included participation from Paradigm, Moderne Ventures, SBI Investment, Coinbase Ventures and Liberty City Ventures. Mesh said part of the raise was settled using stablecoins rather than traditional banking rails.

Founded in 2020, Mesh operates a network connecting exchanges, wallets and financial platforms, allowing users to pay with one digital asset while merchants settle in stablecoins or fiat. The company says its integrations reach over 900 million users globally and plans to use the new capital to expand across Latin America, Asia and Europe.

[AIcash]

settling part of the funding round in stablecoins is lowkey the most bullish detail here

[MoTaw]

This is a massive signal for GameFi. If companies like Mesh are reaching a $1B valuation by simplifying how we pay with digital assets, it makes the onboarding process for new Undeads players so much easier. Imagine being able to buy UDS tokens or Zombie NFTs directly through these integrated wallets without the usual bridge headaches. Do you think Undeads should look into partnering with payment aggregators like Mesh to make the Steam launch even smoother?